Google, Microsoft Mention AI More Than 100 Times On Earnings Calls by Laurie Sullivan , Staff Writer @lauriesullivan, January 31, 2024 Margin improvements took a front seat during the company’s earnings calls on Tuesday, as Google and Microsoft independently spoke about integrating generative AI into every aspect of their businesses — especially advertising. Each company independently … Continue reading Google, Microsoft Mention AI More Than 100 Times On Earnings Calls
Tag Archives: Earnings
Microsoft earnings blow past analyst expectations
By Chris Morris October 24, 2023 Microsoft beat analyst expectations in its latest fiscal quarter, giving the stock a big boost in after-hours trading. Shares were around 4% higher after the company reported first-quarter earning results of $2.99 per share, significantly higher than the $2.65 per share expected by FactSet. Revenue topped expectations as … Continue reading Microsoft earnings blow past analyst expectations
Adobe Experience Cloud on pace for record earnings
These earnings results came before Adobe announced it was adding the Firefly image generator to its products. Constantine von Hoffman on September 15, 2023 Adobe’s third-quarter results topped Wall Street estimates and revenue for its Adobe Experience Cloud was a big reason why. Overall, the software company reported adjusted earnings of $ 4.09 per share … Continue reading Adobe Experience Cloud on pace for record earnings
The story behind Netflix’s unusual earnings calls
By Janko Roettgers July 16, 2023 Next week, Netflix’s longest-running show is slated to return for a new installment—and no, we’re not talking about Grace and Frankie. For ten years now, Netflix has been distributing its quarterly earnings calls as video interviews, with multiple execs bantering with an analyst on camera. Tens of thousands … Continue reading The story behind Netflix’s unusual earnings calls
Microsoft Cloud Fuels Earnings And Future In AI, But Computer Services Decline
Microsoft Cloud Fuels Earnings And Future In AI, But Computer Services Decline by Laurie Sullivan @lauriesullivan, January 24, 2023 Microsoft on Tuesday reported revenue declines from its Windows Original Equipment Manufacturer (OEM) Operations and from Xbox content and online services. The company earned an adjusted $2.32 a share on sales of $52.7 billion in the … Continue reading Microsoft Cloud Fuels Earnings And Future In AI, But Computer Services Decline
DoorDash’s Q3 earnings show an increased appetite for delivery, despite inflation
By Jessica Bursztynsky November 03, 2022 On Thursday, DoorDash reported larger-than-expected revenue growth for its third quarter, showing consumer spending in the segment has held strong despite pressure from inflation and continued pandemic recovery. The delivery platform posted revenue of $1.7 billion, which is up 33% from the same quarter a … Continue reading DoorDash’s Q3 earnings show an increased appetite for delivery, despite inflation
Q3 earnings: Musk claims Tesla could be worth more than Apple and Saudi Aramco combined
By Samar Marwan October 19, 2022 After the closing bell, Tesla held its third-quarter earnings, revealing lower revenue than expected and delivering fewer vehicles in the third quarter. The company’s reported gross margin was 27.9%, down from 30.5% last year. Analysts at RefinitivIt had forecasted $3.5 billion in earnings, while the company reported adjusted earnings … Continue reading Q3 earnings: Musk claims Tesla could be worth more than Apple and Saudi Aramco combined
What the Q2 earnings reports told us about the gig economy
By Jessica Bursztynsky August 07, 2022 The largest gig-work companies reported earnings last week, and investors were quick to look for any signs that economic pressure is tightening consumer spending. But things weren’t so grim after all. Uber, Lyft, and DoorDash all reported strong revenues, showing that people will still order takeout and hail … Continue reading What the Q2 earnings reports told us about the gig economy
Amazon and Apple stocks rise, helping Big Tech’s mixed earnings week close on a positive note
By Michael Grothaus July 29, 2022 If you’re an investor in tech stocks, this week has been rocky—and that rockiness continued on from the week prior, too. Until (August 12, 2022) it seemed as if most tech stocks were doomed. A brief recap: Snap (SNAP): Last Thursday, the Snapchat maker missed on EPS and … Continue reading Amazon and Apple stocks rise, helping Big Tech’s mixed earnings week close on a positive note
The strongest dollar in 20 years is wiping billions off U.S. company earnings. Here’s why
By Clint Rainey July 26, 2022 The value of the U.S. dollar is the strongest it’s been in a generation, which means Americans planning vacations to Europe or wiring cash to family in Latin America are not upset. However, if you happen to be a U.S. company that earns a decent percentage … Continue reading The strongest dollar in 20 years is wiping billions off U.S. company earnings. Here’s why